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18 июня, 22:25

Christian elected chairman of Texas RRC

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Commissioner Wayne Christian was unanimously elected chairman of the Texas Railroad Commission.

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18 июня, 20:52

Lancaster oil shipments start off the UK

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Hurricane Energy PLC has sold the first cargo of crude oil from the early production system on Lancaster field in the West of Shetland area offshore the UK. Hurricane says Lancaster is the UK’s first producing basement field.

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18 июня, 20:42

Anadarko sanctions Mozambique LNG project

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Anadarko Petroleum has formally sanctioned its Mozambican LNG project, Mozambique LNG. Anadarko is developing Mozambique’s first onshore LNG facility, initially consisting of two LNG trains with a total nameplate capacity of 12.88 million tonnes/year. Feed gas comes from Golfinho-Atum field in Offshore Area 1 where Anadarko and its partners have discovered 75 tcf of recoverable natural gas resources.

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18 июня, 20:31

Leaseholders told to recalculate royalties under 2016 rule

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A federal court’s March decision that vacated the US Office of Natural Resources Revenue’s repeal of its consolidated federal oil and gas and federal and Indian oil and gas effectively reinstated the 2016 requirements, ONRR advised federal leaseholders. Accordingly, the leaseholders should recalculate royalties under the 2016 rule for production since Jan. 1, 2017, it said in a June 13 notice.

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18 июня, 20:02

PTTEP agrees to acquire Partex Holdings

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PTT Exploration & Production Co. has signed an agreement to acquire 100% of Partex Holding from the Calouste Gulbenkian Foundation of Portugal for as much as $622 million. The deal, expected to close by yearend, will boost the Thai company’s net-interest production by 16,000 b/d of oil and reserves by 65 million boe of oil and gas.

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18 июня, 19:55

ConocoPhillips to acquire Nuna discovery acreage

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ConocoPhillips Alaska reported it will acquire 11 tracts covering 21,000 acres in the western Alaska North Slope, which includes the 2012 Nuna oil discovery, from Caelus Natural Resources Alaska. Nuna lies east of the Colville River and 5 miles southwest of Oooguruk oil field where, in January, Caelus agreed to sell a 70% interest to Eni.

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18 июня, 19:31

Hyundai lets contracts for Daesan petchem complex

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Hyundai Chemical, a joint venture of Hyundai Oilbank and Lotte Chemical, has let a contract to W.R. Grace & Co. to provide technology licensing for a grassroots polypropylene unit at its Daesan petrochemical complex under construction in Chungcheongnam-do Province, South Korea.

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18 июня, 18:49

Roberts named Stakeholder Midstream COO

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Josh J. Roberts has been promoted to chief operating officer of Stakeholder Midstream. Roberts is responsible for the management and oversight of Stakeholder’s engineering and operations functions. Since joining Stakeholder in 2015, Roberts has been responsible for the design and construction of the San Andres Crude Gathering System and the Campo Viejo Gas Gathering System.

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18 июня, 18:44

Lime Rock to buy certain Oklahoma assets from BP

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Lime Rock Resources has agreed to acquire from BP America Production certain oil and natural gas properties in Cleveland and McClain counties, Okla. The properties lie 50 miles east of Lime Rock’s existing Norge unit operations that it acquired in 2014.

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18 июня, 18:36

ADNOC, OCI form fertilizer joint venture

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Abu Dhabi National Oil Co. has entered a strategic partnership that will combine ADNOC Fertilizers into the Middle East and North Africa (MENA) nitrogen fertilizer business of OCI. The new joint venture “will become the largest export-focused nitrogen fertilizer platform globally and the largest producer in the MENA region,” ADNOC said.

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18 июня, 18:24

ExxonMobil, SABIC let contract for USGC petchem project

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A joint venture of Saudi Arabian Basic Industries Corp. and ExxonMobil has let a contract to a consortium of Mitsubishi Heavy Industries and Zachry Group to provide construction work on a new unit at the JV’s recently approved Gulf Coast Growth Ventures project, a 1.8 million-tonne/year ethane cracking complex in San Patricio County, Tex., near Corpus Christi.

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18 июня, 18:07

Rathlin: UK appraisal results ‘encouraging’

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Rathlin Energy (UK) is assessing initial results it calls “encouraging” in an appraisal well drilled to assess a natural gas discovery in Humberside, England. Rathlin drilled the West Newton A-2 appraisal well to 2,061 m on PEDL 183 near Hull. It cut 28 m of core and ran wireline logs in the Permian Kirkham Abbey formation.